American HealthCare Capital is pleased to introduce a highly profitable retail pharmacy in New Jersey. The company generated over $6.3 million in revenue and $799k in adjusted EBITDA in 2020 with an EBITDA margin of 12.6% and is on track to generate $7 million in revenue this year. Their high margin is the result of focusing on higher-margin drugs, which allows them to be more profitable than most retail pharmacies which have EBITDA margins of only 5-8%.
The company does no marketing or advertising, and there’s an unoccupied doctor’s office next door that, if filled, could easily drive $1-2 million in additional revenue each year.
The company is owned and operated by a Pharmacist who is selling in order to move out of state but is willing to stay on for another year to help with the transition. The company is fully staffed with four Pharmacy Technicians, two cashiers, and two drivers, all of whom are expected to stay on under new ownership.
The asking price for this opportunity is $2.8 million plus current inventory of $380,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.